Background Banner
Financial Highlights
Shareholder Letter Financial Highlights Financial Review Directors and Officers Investor Relations Downloads
Shareholder Letter
English
Canadian-Francais
Chinese
Deutsch
Espanol
Francais
Italiano
Japanese
Nederlands
Portuguese
Financial Highlights
Financial Highlights
United Kingdom
French
German
Japanese
Canadian - French
Australian
Spanish
Financial Review
QTLY Stock Price Info
Business Description
Discussion & Analysis
Market Risk
Income Statements
Balance Sheets
Cash Flows
Shareholders' Equity
Notes
Auditor's Report
Financial Highlights
United Kingdom
French
German
Japanese
Canadian - French
Australian
Spanish

FINANCIAL HIGHLIGHTS

(In millions, except per share data)
 
Year Ended June 30 2000(1)   2001(1,2)   2002(1,3)   2003(1,4)   2004
 
Revenue $22,956   $25,296   $28,365   $32,187   $36,835
Operating income 11,006   11,720   8,272   9,545   9,034
Income before accounting change 9,421   7,721   5,355   7,531   8,168
Net income 9,421   7,346   5,355   7,531   8,168
Diluted earnings per share before accounting change 0.85   0.69   0.48   0.69   0.75
Diluted earnings per share 0.85   0.66   0.48   0.69   0.75
Cash dividends per share -   -   -   0.08   0.16
Cash and short-term investments 23,798   31,600   38,652   49,048   60,592
Total assets 51,694   58,830   69,910   81,732   92,389
Stockholders' equity 41,368   47,289   54,842   64,912   74,825

 

(1) The financial data presented for fiscal 2002 and 2003 has been restated as prescribed by SFAS 148, Accounting for Stock-Based Compensation - Transition and Disclosure and amendment of FASB Statement No. 123, to reflect the retroactive adoption of the fair value recognition provisions of SFAS 123, Accounting for Stock-Based Compensation as discussed in Note 13. The information presented for 2000 and 2001 has not been restated. If fiscal 2000 had been restated, the operating income and net income would have been $9,113 million and $8,172 million. If fiscal 2001 had been restated, the operating income and net income would have been $8,343 million and $5,084 million.
(2) Fiscal 2001 includes an unfavorable cumulative effect of accounting change of $375 million or $0.03 per diluted share, reflecting the adoption of SFAS No. 133. Fiscal 2001 also includes the acquisition of Great Plains Software, Inc. for approximately $1.1 billion in stock.
(3) Fiscal 2002 includes a $1.25 billion (pre-tax) gain on the sale of Expedia, Inc.
(4) Fiscal 2003 includes the acquisition of Navision a/s, Rare Ltd. and Placeware, Inc. for a total of $1.23 billion in cash and $788 million in stock and other consideration.

 

TopNext